• euNetworks selected due to service performance and reputation as a leading connectivity provider with the Financial Services community
• Service supports Hudson Fiber’sgrowing European bandwidth requirements from its U.S. customer base
London, UNITED KINGDOM– 23May2013–euNetworksGroup Limited (SGX: H23.SI), today announced it has signed a new agreement with Hudson Fiber Network (HFN), the leading U.S. based transport and Internet Protocol (IP) service provider specialising in delivering network solutions to the financial community. Under the terms of this new agreement, euNetworks is delivering its euTrade service portfolio to HFN, with ultralow latency connection between an exchange in central London and an exchange in Slough, to the west of London.
Hudson Fiber Network, established in 2002, is headquartered in Paramus New Jersey, delivering data transport solutions to its growing customer base. With an increasing number of its U.S. clients needing to access trades in the European equity markets, HFN was looking to partner with a European bandwidth provider with considerable technical expertise and understanding of the needs of this important bandwidth consuming community. Today euNetworks offers market leading latency performance from all major capital markets across Europe, enabling customers with direct and high bandwidth connectivity via the euTrade service portfolio.
“We selected euNetworks to deliver thisultra low latency connectivity solution in London due to their service performance, reputation and ability to rapidly deliver this route,” said Brett Diamond, President of HFN. “As we develop our European presence to serve our client’s needs, we need to be working with a network provider who we trust and who can continue to deliver low latency solutions as our needs grow. We are confident euNetworks is the right partner for our business.”
“HFN is focused on continuing to deliver efficiency and high performance to their clients, whether in the U. S., Europe or another region,” said Uwe Nickl, Chief Marketing Officer of euNetworks. “We are delighted to be working with the HFN team and look forward to growing our relationship, further supporting their client’s needs in Europe.”
euNetworks Group Limited (SGX: H23:SI) is a bandwidth infrastructure provider, owning and operating 13 fibre based metropolitan networks across Europe connected with a high capacity intercity backbone covering 38cities in 9 countries. The Company offers a portfolio of metropolitan and longhaul services including Colocation, Dark Fibre, Metro Wavelengths, Wavelengths, Ethernet, and Internet. Enterprise and carrier customers benefit from euNetworks’ unique inventory of fibre and duct based assets that are tailored to fulfil their high bandwidth needs.
euNetworks Group Limited is headquartered in London and publicly listed on the Singapore Stock Exchange. For further information please visit www.eunetworks.com.
euNetworksInvestor and Press Contact:
Hannah Fox|Marketing Director |euNetworks
15 Worship Street|London EC2A 2DT
+44 20 7952 1338 office|+44 7717 896 446 mobile